OTHER FINANCIAL INFORMATION

9 Months Ended

Nov. 30, 2023

Other Financial Information [Abstract]

OTHER FINANCIAL INFORMATION

NOTE 12 – OTHER FINANCIAL INFORMATION

Supplemental Balance Sheet Information

Other current liabilities consist of the following (in thousands):

	November 30,		February 28,
	2023		2023
Operating lease liabilities	$	4,758	$	4,884
Warranty reserves		1,352		1,868
Customer deposits		3,962		2,492
Other (1)		6,496		6,621
	$	16,568	$	15,865

(1)Amount represents accruals for various operating expenses such as professional fees, vendor incentives and other estimates that are expected to be paid within the next 12 months.

Other non-current liabilities consist of the following (in thousands):

	November 30,		February 28,
	2023		2023
Deferred revenue	$	11,106	$	11,104
Deferred compensation plan liability		5,167		5,727
Deferred tax liability		3		242
Other		2,246		2,510
	$	18,522	$	19,583

Supplemental Statement of Comprehensive Loss Information

Interest expense consists of the following (in thousands):

	Three Months Ended					Nine Months Ended
	November 30,					November 30,
	2023			2022		2023		2022
Interest expense on 2025 Convertible Notes:
Stated interest at 2.00% per annum	$	1,150			1,150	$	3,476		3,476
Amortization of discount and issue costs		271			264		813		793
		1,421			1,414		4,289		4,269
Other interest expense		(11	)		234		373		376
Total interest expense	$	1,410		$	1,648	$	4,662	$	4,645

Supplemental Cash Flow Information

“Net cash provided by (used in) operating activities” includes cash payments for interest expense and income taxes, and non-cash investing activities include accrued liabilities for capital expenditures, as follows (in thousands):

	Nine Months Ended
	November 30,
	2023			2022
Cash payments for interest and income taxes:
Interest expense paid	$	2,633		$	2,505
Income tax paid, net of refunds	$	(1	)	$	96
Non-cash investing activities:
Accrued liability for capital expenditures	$	96		$	-